The concept of _____ means that businesses have obligations to others,beyond shareholders and beyond the bounds of law or contract.
A) collaborative leadership
B) corporate social responsibility
C) positive organizational behavior
D) communities of innovation
E) contingency theory

Question

Quizplus · Accepted Answer

Corporate social responsibility is the concept that businesses have a responsibility to act ethically and contribute to economic development while also considering the well-being of society and the environment. This includes taking actions that go beyond legal requirements and benefiting stakeholders beyond just the shareholders. Collaborative leadership, positive organizational behavior, communities of innovation, and contingency theory all relate to different concepts in leadership and management, but do not specifically address the idea of businesses' broader responsibilities to society.

The Concept of _____ Means That Businesses Have Obligations to Others,beyond